Forex_Fox

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Joined South Africa
Markets Allocation
75 % forex 25 % cryptocurrency
Top Mentioned Symbols
EURUSD 50% | 4 GBPUSD 25% | 2 BTCUSD 12% | 1 LENDETH 12% | 1
Forex_Fox Forex_Fox LENDETH, 240, Long ,
LENDETH: Fake trend reversal, Upward continuation on the cards.
112 0 1
LENDETH, 240 Long
Fake trend reversal, Upward continuation on the cards.

Price broke below the cloud but the lagging line clearly bouncing off the cloud, trend reversal not confirmed. Good entry for trend continuation.

Forex_Fox Forex_Fox BTCUSD, D, Short ,
BTCUSD: BTC in final stages before pullback.
181 0 2
BTCUSD, D Short
BTC in final stages before pullback.

BTC is about to have a major correction, as the big money looks to take profits. TA shows overextended price with clear divergence on the bb%.

Forex_Fox Forex_Fox GBPUSD, 15, Long ,
GBPUSD: rounding bottom
31 1 1
GBPUSD, 15 Long
rounding bottom

Statistics for the rounding bottom: - In 62% : there is a bullish reversal - In 86% : the exit is upward - In 40% : a pullback occurs on the neckline Entry: Take a long position at the breakout of the neckline Stop: The stop is placed below the neckline

Forex_Fox Forex_Fox GBPUSD, 240,
GBPUSD: Possible Bearish Gartley
27 0 0
GBPUSD, 240
Possible Bearish Gartley

Possible Bearish Gartley - Pending positive news for the GBP will probably disrupt the pattern. Just for information purposes.

Forex_Fox Forex_Fox EURUSD, 60, Long ,
EURUSD: Fib Retracement complete
54 0 2
EURUSD, 60 Long
Fib Retracement complete

Hit the 618 fib retracement area which has a high probability of bouncing back up. It has also hit the high volume node from the previous large balance also suggesting a bounce back up.

Forex_Fox Forex_Fox EURUSD, 30,
EURUSD: Nice market squeeze
47 0 0
EURUSD, 30
Nice market squeeze

Waiting to confirm 3rd bounce or break.

Forex_Fox Forex_Fox EURUSD, 30,
EURUSD: Scenarios for Intraday.
55 0 1
EURUSD, 30
Scenarios for Intraday.

I remain neutral for now, If scenario1 occurs, Potentially a nice big chunk. Scenario 2: I will be looking to fade the key areas. Scenario 3: I will take a further look, caution

Forex_Fox Forex_Fox EURUSD, 30, Short ,
EURUSD: Key test area.
49 0 1
EURUSD, 30 Short
Key test area.

Currently at 1.22 area. Price was broken earlier and switfly came to retest. My preference would be to short following a decisive break below 1.22

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